Eggs are getting pricier ahead of the holiday baking season

Written by Parriva — November 28, 2024
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Egg prices are rising once more as a lingering outbreak of bird flu coincides with the high demand of the holiday baking season.

But prices are still far from the recent peak they reached almost two years ago. And the American Egg Board, a trade group, says egg shortages at grocery stores have been isolated and temporary so far.

“Those are being rapidly corrected, sometimes within a day,” said Emily Metz, the Egg Board’s president and chief executive officer.

The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was down slightly from September, and down significantly from January 2023, when the average price soared to $4.82. But it was up 63% from October 2023, when a dozen eggs cost an average of $2.07.

Sometimes, supermarkets may be to blame for price spikes. During testimony in August in the Federal Trade Commission’s case seeking to block Kroger’s merger with Albertsons, Kroger’s senior director for pricing acknowledged that the company has raised the cost of milk and eggs beyond the levels of inflation.

 

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